Acceptance of Deposits by an Authorised Dealer/ Authorised Bank from Persons Resident outside India

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....ia may accept deposit (i) under the Non-Resident (External) Account Scheme (NRE account), specified in Schedule 1, from a nonresident Indian; (ii) under the Foreign Currency (Non-Resident) Account Banks Scheme, (FCNR(B) account), specified in Schedule 2, from a non-resident Indian; (iii) under the Non-Resident (Ordinary) Account Scheme, (NRO account), specified in Schedu....

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....India or its branch outside India (including in an IFSC in India), a Special Non-Resident Rupee Account (SNRR account), specified in Schedule 4.] (5) Resident or non-resident acquirers may, subject to the terms and conditions specified in Schedule 5, open, hold and maintain Escrow Account with Authorised Dealers in India     *************** NOTES:- 1.  Inserted ....